Buy DCFC Tritium

NASDAQ:DCFC   Tritium DCFC Limited
Lovely looking monthly chart here on this recent electric charging ipo on the nasdaq. The three monthly candles of Jan, Feb and March show a very nice bullish pattern.

Biden ramped the hell out of this one, when the management met him and he talked about it in his press conference right up to $20 in one day before profit takers stepped in. Nice one to buy at 8.8, hold and forget about for a few years. Expect this one to grow a lot.
Trade active:
Moving up nicely ahead of results tomorrow lets see what that brings, I'm expecting more upside though technicals may need to catch up short term
Stock is reflective of overall bear market this year, long term holders should not be too concerned as revenue did actually increase last quarter. Short term plays should of taken a stop loss at the low of the three candle formation at 6.5. As with all long term plays have a 5-10 year horizon.

About me: I'm a retail day trader (trading since 1993). Most ideas here are for short time frames and become profitable quickly. I take profits fast as things change fast. 1-2-1 mentoring sessions available.

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